Global DNA nanotechnology market is anticipated to grow with an impressive CAGR in the forecast years 2023-2027 on account of increasing advancement in nanotechnology and its application in healthcare sector. Surge in demand for the effective and efficient drug delivery system is inclining pharmaceutical companies to invest in the research and development of nano particles, and thus driving the future growth of the global DNA nanotechnology market in the upcoming five years.
Nanotechnology is the process of using atomic level of any material such that industrial purposes can be resolved effectively. The technology finds its application in multiple fields of science like organic chemistry, molecular biology, semiconductor physics, energy storage, microfabrication, molecular engineering, etc. Healthcare sector specifically promotes the use of nanotechnology for the production of nanomedicine, nanoelectronics, biomaterials, etc.
DNA Nanotech Applications in Pharma Drives Market Growth
According to the report on global smart drugs market, the market growth valued at USD3.87 billion in 2020.
One of the examples of such advancement include use of a hollow DNA assembly that has protein that cause apoptosis or cell death. These are actively utilized for cell termination in case of cancer patients. The DNA nanotechnology induced with apoptosis causing proteins is targeted to the tumor location in the body and these proteins when reach the target causes apoptosis to the cancerous cells thus eliminating them from the body.
Increasing Medical Expenses Support Market Growth
Medical investments in the pharmaceutical sector in the United States in 2020, increased to USD539 billion.
The investment is further increasing, and with recent advanced diseases and spread of infectious diseases like COVID-19 has further drawn more investment in the healthcare sector. Requirement of the well-researched and effective therapeutics, pharmaceutical products, and medical devices, substantiate the growth of the global DNA nanotechnology market in the future five years.
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Market Segmentation
The global DNA nanotechnology market segmentation is based on type, application, end user, regional distribution, and competitive landscape. Based on type, the market is further segmented into Structural DNA Nanotechnology and Dynamic DNA Nanotechnology. Structural DNA nanotechnology consists of extended lattices, discrete structures, and templated assembly.
On the basis of application, the market is fragmentation into targeted drug delivery, smart pills, nanolithography, and others. Based on end user, the market is again bifurcated into biotechnology & pharmaceutical companies, academic & research institutions, and others.
Company Profile
NuProbe USA Inc., tilibit nanosystems GmbH, GATTAquant GmbH, Genisphere LLC, Inovio Pharmaceuticals, Inc., Novartis International AG, are enlisted in a partial list of major market players of the global DNA nanotechnology market.
Attribute | Details |
Base Year | 2021 |
Historical Years | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027 |
Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered | |
Regional Scope | North America; Europe; Asia Pacific; South America; Middle East & Africa |
Country Scope | United States, Mexico, Canada, China, India, Japan, South Korea, Australia, Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia, Egypt, Brazil, Argentina, Colombia, |
Key Companies Profiled | NuProbe USA Inc., tilibit nanosystems GmbH, GATTAquant GmbH, Genisphere LLC, Inovio Pharmaceuticals, Inc., Novartis International AG. |
Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |